MANILA, Philippines, 24 August 2022 — FinScore was named the Most Innovative Credit Scoring Solutions Provider Philippines in the 2022 edition of International Business Magazine’s annual awards.
The International Business Magazine recognizes best-in-class achievements in international business and finance made by emerging industrial talent, global leaders, corporations, among others.
FinScore, the multi-award-winning credit scoring provider in the Philippines, enables lenders including commercial banks, neo banks, buy-now-pay-later (BNPL) platforms, digital lenders, and multi-purpose lenders to determine the creditworthiness of their loan applicants who have little to no credit data. The Telco Data Credit Score is based on over four hundred (400) telecommunication variables such as voice usage, top-up patterns, duration of calls, SIM card age, location, and many more. Derived through cutting-edge systems such as Gradient Boost and Neural Networks, the Telco Score has high predictive power.
FinScore has delivered over 7 million Telco Credit Scores, successfully conducted over 35 Proofs-of-Concept to its partner banks and financial institutions and provides 100% telco data market coverage in the Philippines.
About International Business Magazine
International Business Magazine (https://www.intlbm.com) is a Dubai, UAE-based publication striving hard in line to carve a niche in an already aggressive and competitive world of Business and Financial Award Journals.
FinScore (https://www.finscore.ph/) is a financial technology company in the Philippines that offers a powerful credit scoring platform and fraud detection tool based on alternative data, including telco-based data. As the pioneer in lending and scoring of the unbanked in the Philippines, they continuously empower banks, financial institutions, and credit bureaus with flexible platforms to help them make insightful and reliable credit decisions.
Interested companies or institutions may visit the website to schedule a demo. The score and fraud checks can be instantly pulled from the ACE web-based portal or through API integration. Results are yielded in real-time, with options for report downloading.